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California Senate Bill 939, a COVID-19 commercial rent moratorium eviction bill sponsored by State Senator Scott Wiener (D-San Francisco) came before the California Senate Appropriations Committee this week and was moved to “suspense.”
This is good news as a suspense file is holding place for bills with significant fiscal impacts. Bills are generally held in the suspense file before each fiscal deadline so that each House can evaluate the total impacts to the state. (Bills that are moved out of suspense then go to the floor, while bills held in suspense die.)
The suspense file will remain in the Committee until a vote June 18. This is a positive development as the Appropriations Committee could have reported out the legislation to fast-track it to the Senate for a vote. The bill must be voted on in the full Senate by June 26 if it has any hope of advancing.
This bill proposes sweeping changes to commercial leases in California and is broadly opposed by the commercial real estate community.
As for next steps, the advocacy effort is two-fold, 1) “hold the bill on Suspense” and 2) continue to build support for our position with members of the state Senate. ICSC members have thus far generated 33,000 emails to members of the California legislature. (California members can send emails by clicking here.)
ICSC will hold a free webinar on the issue on Wednesday, June 17. Click here for more information and to register for the event.
CBPA and others in the coalition are rolling out an advertising and messaging campaign around More lost jobs? More Closed Business? No Thanks. No on SB 939 (Wiener)!
For more information please contact us at gpp@icsc.com.